Hancock employment information

Income per capita$22,442$26,143$28,555
Median household income$32,250$49,087$53,482
Median income owner occupied$54,028$60,317$68,142
Median income renter occupied$17,737$26,554$33,219
Median earnings male$18,912$34,444$36,116
Median earnings female$20,814$22,340$25,692
Unemployment rate4.5%7.0%5.8%
Poverty level22.4%16.9%15.6%

Did you know?

  • The income per capita in Hancock is 21% lower than the national average.
  • The median household income in Hancock is 40% lower than the national average.
  • Male median earnings are 41% higher than female median earnings.
  • The unemployment rate in Hancock is 24% lower than the national average.
  • The poverty level in Hancock is 43% higher than the national average.

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Compare Hancock, MI Employment To Other Cities

Employment status

Hours worked per week

Hancock median earnings by income bracket

Hancock employment by industry

Labour TypeMaleFemale
Construction industry5.1%1.6%
Manufacturing sector13.5%2.6%
Financial & insurance services5.9%5.4%
Wholesale & retail services13.2%14.9%
Public administration3.3%2.0%
Transportation, warehousing & utilities1.4%0.0%
Education, health & social services28.8%49.9%

Nearby cities with high median household income

City, StatePopulationHousehold IncomeNational Avg.
Dollar Bay, MI896$46,29513%
Lake Linden, MI1,108$37,43830%
Hubbell, MI1,068$35,93833%
Laurium, MI2,001$34,48536%
Copper City, MI253$30,31343%
Hancock, MI4,622$32,25040%

Cities with similar population

City, StatePopulationHousehold IncomeNational Avg.
Buena, NJ4,623$44,01018%
Wellsville, NY4,621$39,79226%
Buffalo, WY4,620$49,4757%
Boiling Springs, NC4,619$59,03810%
Dansville, NY4,618$39,34526%
Hancock, MI4,622$32,25040%
Source: The Hancock, MI employment data displayed above is derived from the United States Census Bureau.